date:Nov 29, 2012
ent community that G.M.C.R.s position in the market would be diluted due to increased competition.
Last quarter, we discussed our expectations for our addressable U.S. brewer opportunity and the potential impact of non-licensed single-serve packs both brand name and store brand on our business, he said. Since then, we have seen new single-serve pack entrants and new single-serve brewer entrants. But to date, we have seen nothing that causes us to change our expectations. On the contrary, there